{"schema_version":"1.0","canonical_url":"https://patentable.app/patents/US-11488146","patent":{"patent_number":"US-11488146","title":"System and method for closing pre-authorization amounts on a virtual token account","assignee":null,"inventors":[],"filing_date":"2020-06-11T00:00:00.000Z","publication_date":"2022-11-01T00:00:00.000Z","cpc_codes":["G06Q","G06Q","G06Q","G06Q"],"num_claims":14,"abstract":"Disclosed are various embodiments for closing pre-authorization amounts on a virtual token account. In one example, among others, a computing device is configured to generate a virtual token that is associated with a parent transaction account. An authorization request is received for a virtual token transaction, which is associated with the virtual token. A transaction request amount is compared to a virtual token balance of the virtual token. The authorization request for the virtual token transaction is authorized based on the comparison between the transaction request amount and the virtual token balance. The computing device determines not to expire the virtual token based on a comparison between the settlement variance and the virtual token balance. The settlement variance is adjusted based on the virtual token balance being within a threshold of the settlement variance."},"analysis":{"summary":null,"layman_explanation":null,"technical_analysis":null,"business_analysis":null,"faqs":null,"topics":[],"tech_cluster":null},"seo":{"title":"System and method for closing pre-authorization amounts on a virtual token account","description":"Disclosed are various embodiments for closing pre-authorization amounts on a virtual token account. In one example, among others, a computing device is configured to generate a virtual token that is a","keywords":[]},"attribution":{"source":"Patentable","source_url":"https://patentable.app","canonical_url":"https://patentable.app/patents/US-11488146","license":"CC-BY-4.0-like","license_terms":"AI-generated analysis on this page (summary, layman_explanation, technical_analysis, business_analysis, faqs) may be reused with attribution and a visible link back to the canonical URL above. Patent abstracts, claims, and bibliographic data are USPTO public domain.","required_link":"https://patentable.app/patents/US-11488146","citation_suggestion":"Patentable. \"System and method for closing pre-authorization amounts on a virtual token account\" (US-11488146). https://patentable.app/patents/US-11488146","copyright_holder":"Nomic Interactive Technology LLC"},"links":{"html":"https://patentable.app/patents/US-11488146","json":"https://patentable.app/api/llm-context/US-11488146","site":"https://patentable.app","llms_txt":"https://patentable.app/llms.txt"},"generated_at":"2026-05-30T09:41:59.858Z"}